Subscribe to Newsletter

Join our subscribers list to get the latest Tax Updates and Opportunities.

Total Site Visits
920,279
Growing community

Knowledge Portal

Click here to explore deep insights, FAQs, and comprehensive tax guides.

Explore Now

Mandatory filing of return of income under section 139(1) in certain cases

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 765
Read More »
Mandatory filing of return of income under section 139(1) in certain casesIt is mandatory for every taxpayer to communicate the details of his income to the Income Tax Department. These details are to be furnished in the...

Power of Central Government to exempt classes of persons from the requirement of furnishing a return of income [Section 139(1C)]

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 155
Read More »
Power of Central Government to exempt classes of persons from the requirement of furnishing a return of income [Section 139(1C)]Section 139(1C) of the Income Tax Act, 1961 provides that Central Government may e...

Benefits available under Startup India Scheme

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 195
Read More »
Benefits available under Startup India SchemeIntroductionStartup India is a flagship initiative of the Government of India, intended to build a strong ecosystem for nurturing innovation and Startups in the country. In or...

“Service of Notice by Post” under Income Tax Law

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 450
Read More »
“Service of Notice by Post” under Income Tax LawIssue and service of statutory notices forms an important part of all the proceedings under the Income-tax Act. The proceedings are initiated by issue of proper notice ...

Consideration for the purpose of computing accumulation of income of 15% – i.e. Gross receipts or gross receipts after expenditure for charitable purpose i.e., the net receipts

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 141
Read More »
Consideration for the purpose of computing accumulation of income of 15% – i.e. Gross receipts or gross receipts after expenditure for charitable purpose i.e., the net receiptsThe question that for the purposes of sect...

Power to Call for Information under section 133(6) of Income Tax Act, 1961

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 223
Read More »
Power to Call for Information under section 133(6) of Income Tax Act, 1961 §   Section 133(6) of the Income Tax Act enables the Income Tax Authorities to compel Banks and other Authorities to furnish...

Taxation of Seafarer in India

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 215
Read More »
Taxation of Seafarer in IndiaThe taxability of salary received by a seafarer is based on the residential status of the seafarer. The salary received by a resident seafarer will be taxable as per the Income Tax law.&...

All - about Liaison Office of a Foreign Company in India

Author
My Tax Expert
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 128
Read More »
All - about Liaison Office of a Foreign Company in IndiaLiaison office acts a channel of communication /facilitator of trade between the foreign parent company and the market in India. It promote import/export and also f...

Writ Petitions

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 173
Read More »
Writ PetitionsEach State has a High Court. High Courts have been granted powers to issue writs. The Writ is an order or process issued by court or judicial Officers, asking person to perform or refrain from performing an...

Prosecution for Failure to pay tax to the credit of Central government under Chapter XII-D or XVII-B [Section 276B of the Income Tax Act, 1961]

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 193
Read More »
Prosecution for Failure to pay tax to the credit of Central government under Chapter XII-D or XVII-B [Section 276B of the Income Tax Act, 1961]Section 276B of the Act, standing as on date and introduced with effect from ...